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Rice basmati remains weak on increased arrivals

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Press Trust of India New Delhi
Rice basmati prices dropped by Rs 200 per quintal at the wholesale grains market on adequate supplies following increased arrivals from producing belts.

However, barley edged higher on increased demand from consuming industries.

Traders said besides adequate stocks position, increased arrivals from producing regions kept pressure on rice basmati prices.

In the national capital, rice basmati common and Pusa-1121 variety remained under arrivals pressure and slipped further to Rs 7,800-8,300 and Rs 6,600-8,300 against last close of Rs 8,000-8,500 and Rs 6,800-8,500 per quintal, respectively.

On the other hand, barley gained Rs 10 to Rs 1,590-1,595 per quintal.

Following are today's quotations (in Rs per quintal):
 

Wheat MP (deshi) 2,245-2,445, Wheat dara (for mills) 1,590-1,595, Chakki atta (delivery) 1,595-1,600, Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 855- 865 (50 kg), Maida 915-925 (50 kg) and Sooji 1,090-1,110 (50 kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 7,800-8,300, Rice Pusa- (1121) new 6,600-8,300, Permal raw 2,100-2,150, Permal wand 2,250-2,300, Sela 2,650-2,700 and Rice IR-8 1,925-1,975,Bajra 1,200-1,205, Jowar yellow 1,400-1,420, white 2,325-2,525, Maize 1,210-1,215, Barley 1,590-1,595.

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First Published: Oct 01 2014 | 2:15 PM IST

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